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District reviews schedule to sell $314 million 2025 bonds; Delegation Resolution No. 9‑25 set for April 30 first adoption vote

Lake Stevens School District Board of Directors · March 26, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Assistant Superintendent Teresa Main and DA Davidson representatives reviewed a preliminary four‑sale schedule to sell the $314 million bond approved Feb. 11, 2025. Lee Marchisio presented the first reading of Delegation Resolution No. 9‑25, which would delegate authority to accept final bond terms; adoption is slated for April 30.

At the March 26 meeting, Assistant Superintendent of Business and Operations Teresa Main introduced DA Davidson representatives David Trageser and Cory Plager, who outlined a preliminary schedule to sell the $314 million in bonds voters approved on Feb. 11, 2025.

The presenters described a plan to sell the bond authorization in four separate sales and said the schedule coordinates multiple parties to keep projects on track. The bond package is intended to fund construction of Elementary…

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